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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 12,183 $ 13,375
Accounts receivable, net of allowance for doubtful accounts of $405 and $513, respectively 71,689 59,709
Inventories 58,923 51,074
Prepaid expenses and other 9,206 8,058
Total current assets 152,001 132,216
Property, plant and equipment 168,614 160,725
Less - accumulated depreciation (64,944) (65,585)
Property, plant and equipment, net 103,670 95,140
Purchased intangible assets, net 6,251 8,589
Deferred tax assets 3,431 4,001
Other assets 10,462 472
Total assets 275,815 240,418
Current liabilities:    
Accounts payable 24,306 24,243
Accrued expenses 10,866 8,967
Accrued anti-dumping penalties 0 8,000
Dividend payable 1,866 295
Accrued income taxes 10,427 9,545
Accrued employee compensation and benefits 8,989 9,250
Contract liabilities 2,563 1,140
Current portion of long-term debt 3,125 3,125
Other current liabilities 1,816 0
Total current liabilities 63,958 64,565
Long-term debt 25,010 38,230
Deferred tax liabilities 1,469 379
Other long-term liabilities 18,302 2,958
Total liabilities 108,739 106,132
Commitments and contingencies (Note 11)
Stockholders’ equity    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares 0 0
Common stock, $0.05 par value; 25,000,000 shares authorized; 14,645,335 and 14,905,776 shares outstanding, respectively 756 749
Additional paid-in capital 84,198 80,077
Retained earnings 126,156 89,291
Other cumulative comprehensive loss (36,591) (35,014)
Treasury stock, at cost, and company stock held for deferred compensation, at par; 464,329 and 82,186 shares, respectively (7,443) (817)
Total stockholders’ equity 167,076 134,286
Total liabilities and stockholders’ equity $ 275,815 $ 240,418